Czech motor fuel prices will be capped from Wednesday, with the cap being updated daily, the Finance Ministry announced on Tuesday, against the backdrop of the energy crisis resulting from the Iran war.
The ministry has set the initial cap on the price for petrol at 43.15 koruna ($2.04) and for diesel at 49.59 koruna.
Other measures passed by the government include limiting margins charged by fuel companies and cutting the tax on diesel.
The ministry said the aim of the measures was to curb general fuel price rises and to remove local pricing extremes. The last was seen as referring to Prague and motorway fuel stations, where the highest prices are generally charged.
The country is well served with fuel stations operated by Poland's Orlen, Hungary's MOL, and state-run Cepro under its Eurooil and Robin Oil brands.
Relatively low prices have led German drivers to cross the border to fill up.
latest_posts
- 1
HR exec caught on Coldplay 'kiss cam' with boss finally breaks her silence: 'I made a bad decision and had a couple of High Noons' - 2From blowouts to big interiors, ‘Tuscan Mom’ style is Gen Z’s answer to beige burnout
- 3Extraordinary Guinness World Records That Will Astound You
- 4Bismuth’s haredi draft bill won’t change enlistment, IDI expert tells 'Post'
- 5I'm 18 and founded an AI startup. I have to wake up at 3 a.m. to work on it before school, but it's worth every sleepless night.
- IDF confirms Iranian missile fragments hit near Kirya, multiple cars ablaze in Ramat Gan
- Getting breast implants was a mistake I live with every day. Why I’m sharing my story now, at 70, in pain and afraid.
- Oil magnate’s Venezuela detainment spooks industry
- What we know about Renee Nicole Good, the woman who was killed by an ICE officer in Minneapolis
- Warship sunk by British fleet, remains of sailor found after 225 years
- SpaceX shatters its rocket launch record yet again — 165 orbital flights in 2025
- Online business Stages for Little Retailers
- Worldwide Objections Ideal For A Golf Outing
- Figure out How to Amplify the Resale Worth of Your Kona SUV
